Photovoltaic

Ratul Puri Moser Baer started out as an optical storage media firm ? it's the second largest manufacturer in the world today ? but has been making news of late for its solar photovoltaic business, where it recently raised Rs 411 crore. The firm has also got a finger in the entertainment pie where it sells CDs/DVDs of movies at low price points and has even ventured into movie production as well. Moser Baer executive director Ratul Puri discusses the company's various businesses with...

NEW DELHI: Bharat Heavy Electricals Ltd (BHEL) would set up an integrated solar photo-voltaic manufacturing facility of around 500 MW per annum in Maharashtra, Parliament was informed today. "BHEL has initiated setting up an integrated solar photo-voltaic (PV) manufacturing facility of around 500 MW per annum in phases in Maharashtra subject to government approval regrading grant of 40 per cent capital subsidy under national Clean Energy Fund, to be completed in three...

JAIPUR: The Rajasthan government has decided to fork out entry tax exemption on capital goods brought into the state for initial setting up of the solar power plants based on photovoltaic technology. Rajasthan Renewable Energy Corporation executive director M M Vijayvargiya told ET that the state government will provide a tax exemption of 4% on entry of 43 capital goods like solar PV module, battery, inverter, lighting panels and solar monitoring stations among...

MUMBAI: Moser Baer India shares were up 2.10% on news its subsidiary Moser Baer Photo Voltaic has started commercial shipment of solar photovoltaic cells. Moser Baer Photo Voltaic has got firm orders for over $100 million, the company said in an announcement to the BSE. The company is also on track to implement a 20MW module making capacity in the forthcoming quarter. The global photovoltaic market is expected to grow over six times to $40 billion...

MUMBAI: The Rolta Group today said it has forayed into the solar power sector by setting up a 60 MW photovoltaic modules manufacturing facility in the city. "We believe this is the right time to enter the solar market considering the emphasis by the government on this sector. We have currently set up a 60 MW solar PV modules plant in the city at an investment of around Rs 100 crore," Rolta Power Promoter and MD Aditya Singh told PTI here. The company plans...

MUMBAI: The domestic demand for grid connected solar photo-voltaic power will be moulded by the extent of fulfilment of renewable purchase obligations (RPOs) by state distribution companies, according to a recent report. A report by ICRA said that discoms will have to buy the obligated share of renewable power determined by the State Electricity Regulatory Commissions (SERCs) in order to ensure that solar power producers are not at...

MADURAI: Union Minister of State for Non-Conventional Energy Sources M. Kannapan said on Saturday that the ministry was assigned to electrify about 18,000 non-electrified villages in the country by 2012 of which 2500 have been already electrified using solar energy. He said during the Tenth Five Year Plan, the ministry had targeted 5,000 such villages for electrification. Inaugurating a seminar on 'Solar Thermal Technologies for Domestic and Medical and Industrial Applications'...

chandigarh: the haryana government has decided to introduce a scheme for setting up 200 solar pumps of 1,800 watt photovoltaic panel at a cost of rs 9 crore for the purpose of pumping water in view of the growing demand for electricity as well as to reduce the usage of diesel in the agriculture sector. an official spokesman has said that this project had been undertaken by haryana non-conventional energy sources department with financial assistance from central government. this had been done for encouraging...

NEW DELHI: Optical storage media maker Moser Baer on Thursday said it will start manufacturing photovoltaic solar energy cells. The company sees its entry into the segment as a lead over competition as setting up a solar photovoltaics plant has technology barriers and an entry at this time will place MBIL ahead of others. MBIL is targeting a capacity of 80 megawatt by 2007. The initial project is estimated to be Rs 260 crore and the project will be spearheaded by a...

AHMEDABAD: Ratan Tata-led, Tata Power on Wednesday said it is developing a 25 MW solar photovoltaic power project at Mithapur, and it has signed a Power Purchase Agreement (PPA) for the project with the state power utility Gujarat Urja Vikas Nigam Ltd ( GUVNL ). The solar photovoltaic power plant spread across 100 acres of land along the coast line of Gujarat will be amongst the largest plants of its kind in the country and is targeted to be...

NEW DELHI: Dumping of photovoltaic products by China, Taiwan, Malyasia and the United States is causing losses to the tune of Rs 3000 crore to India and Rs 1000 crore to the domestic solar industry, according to their association which wants 30 per cent anti-dumping duty to be imposed. "Thin-film, and silicon PV cells and modules imported into India from USA and other Asian countries are being sold at ridiculously low prices bleeding the...

WASHINGTON: An Indian-American professor was today named by the White House as the 'Solar Champions of Change' in recognition of his immense contribution towards developing alternate source of energy and promoting solar deployment in residential, commercial and industrial sectors. Rajendra Singh , the D Houser Banks Professor of Electrical and Computer Engineering at the prestigious Clemson University , is among the 10 individuals declared as...

BEIJING: China has completed the construction of the world's highest photovoltaic power station in Tibet, close to the Indian border. Construction of Ngari Photovoltaic (PV) Power Station, the world's highest 10-MW PV power station in Ngari Prefecture is complete and test runs are underway, state-run Xinhua news agency reported today. Ngari Prefecture is located close to the Line of Actual Control (LAC). The PV power station is a joint venture between...

CHENNAI: Vikram Solar, global manufacturer of solar photovoltaic modules, has commissioned a 5-MW solar photovoltaic power plant at Virudhunagar in Tamil Nadu . The company has commissioned the plant for its client JVS Exports under the 'renewable energy certificate' mechanism on turnkey basis. The power plant was constructed within a timeframe of 75 days, Vikram Solar said in a statement. The plant is JVS Exports' first foray into the field of...

NEW DELHI: The government is set to invite tenders for developing grid-connected solar photovoltaic power projects with a capacity of 750 mw by May, signalling the launch of the second phase of the national solar mission. The mission will seek to increase the share of grid connected solar power to 3,000 mw and cumulative deployment of solar power in the whole country to 10,000 mw by 2017. With the ministry of new and renewable energy receiving Rs 1,500 crore from the...

NEW DELHI: The government may postpone mandatory use of locally made photovoltaic cells in solar power projects being set up under the national solar mission to speed up projects and allow access to the best-available technology although the move would be a blow to local suppliers such as Moser Baer, Tata BP Solar, KSK Surya and Indo Solar may suffer. Under the Jawaharlal Nehru National Solar Mission that aims to add 20,000 mw of grid-connected solar power...

WASHINGTON: An Indian-American professor was today named by the White House as the 'Solar Champions of Change' in recognition of his immense contribution towards developing alternate source of energy and promoting solar deployment in residential, commercial and industrial sectors. Rajendra Singh , the D Houser Banks Professor of Electrical and Computer Engineering at the prestigious Clemson University , is among the 10 individuals...

NEW DELHI: Welspun Group , the country's largest solar power developer, has won a 125 MW solar photovoltaic project in Madhya Pradesh, a top company official said today. "We bid Rs 8.05 per unit to bag the 125 megawatts (MW) out of 200 MW that was auctioned by the Madhya Pradesh government," Welspun Energy Ltd Managing Director Vineet Mittal said. After the formal award of the project, Welspun Solar Madhya Pradesh Pvt Ltd will put up one solar photovoltaic...

NEW DELHI: First Solar, a provider of photovoltaic solar systems , has appointed Sujoy Ghosh as the country head to lead business development in India. Ghosh would also manage the company's new entity here, US-based First Solar said today. "In this new role, Ghosh will be responsible for advancing and executing First Solar's business strategy to expand the market for utility-scale solar photovoltaic (PV) power plants and to deliver value to Indian solar power ...